Hello Pal (CSE: HP) became cash flow positive last quarter! During the three months ended November 30, 2020, HP generated $288,000 in positive cash flow from operations and $223,000 in positive free cash flow off of record quarterly revenue of $4,450,000. HP will soon be reporting its 7th consecutive quarter of rapid revenue growth! During the months of December 2020 and January 2021 alone, HP generated revenue of $4,909,000 thereby already surpassing the prior quarter's revenue! HP's rapidly growing livestreaming app has built-in blockchain/crypto technology!
Reliq Health Technologies (TSXV: RHT) recently announced that they expect their revenue to consistently increase on a month-over-month basis moving forward! RHT expects to become cash flow positive during the current quarter! Today, RHT announced that it has signed a new contract with a Care Management Network in California that includes 50 Clinics and over 500 physicians in California. This newly signed network delivers culturally-customized, technology-enabled health care to senior citizens in the Asian-American community across California. Using RHT's highly scalable iUGO Care platform, physicians serving this community will be able to manage complex patients remotely in their own homes and in their preferred language! RHT's technology will be used to provide multilingual Remote Patient Monitoring (RPM), Chronic Care Management (CCM) and Behavioural Health Integration (BHI) services to Medicare, Medicaid and privately-insured patients! RHT expects to begin onboarding these patients in March with average revenue of US$40 per patient per month!
Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. This message is not a solicitation or recommendation to buy, sell, or hold securities. NIA has received compensation from HP of USD$50,000 cash for a six-month marketing contract. NIA has received compensation from RHT of USD$40,000 cash for a six-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.